Wabash National jumps on Q1 beat-and-raise report

Wabash National

26/04/2023 12:37

** Trailer maker Wabash National Corp's shares  WNC.N  rise
13.8% to $25.25 in premarket trading following quarterly results
    ** Co posts Q1 adj eps of $1.04; beating analyst estimate of
$0.48, per Refinitiv IBES data
    ** Q1 revenue rose to $620.95 mln from $546.8 mln yr-ago
    ** Co raises FY23 EPS guidance to a range of $4.00 to $4.50
from $2.70 to $3.00 and vs market view of $2.92
    ** Reaffirms FY23 rev outlook of $2.8 bln to $3.0 bln
    ** Up to last close, stock had fallen 1.9% YTD

 (Reporting by Khushi Singh)
 ((Khushi.Singh@thomsonreuters.com;))